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Apple's announcement that it will make its Touch ID technology available to app developers is good news for bankers who see biometrics as the key to authenticating mobile banking users. But some security experts question whether fingerprint scans are actually more secure than passwords.
June 9 -
Diebold Chief Innovation Offer Frank Natoli Jr. maps out what it will take to make biometrics a banking reality.
May 28 -
Mint, a personal finance platform, has added support for the Touch ID fingerprint recognition technology built into iOS 8-enabled Apple devices.
September 18
Tangerine, a direct bank based in Canada, has added biometrics to its mobile app.
The features include a voice-controlled interface that gives users the ability transfer money, pay bills or receive account information with spoken commands. The voice recognition technology, which was created by partner Nuance Communications, will be added to the bank's apps for Apple iOS devices.
The bank also added technology that lets customers with iOS 8 devices log in to their account by scanning a fingerprint, using Apple's Touch ID fingerprint recognition technology.
Tangerine plans to introduce a voice authentication feature later this year, it said in a
Tangerine is based in Toronto, and is a subsidiary of Scotiabank.
